gm, chrysler were all on the brink of failure and if they failed, the suppliers and distributors getting the business from those countries, they would have died off, too. even ford could have gone down. production halted. factories shuttered. once proud companies shopped up, sold off for scraps. and all of you, the men and women who built these companies with your own hands, would have been hung out to dry. and everybody in this community that depends on you, restaurant owners, storekeepers, bartenders. they -- their livelihoods would have been at stake, too. so i wasn't about to let that happen. i placed my bet on american workers. we bet on american ingenuity. i'd make that same bet any day of the week. three and a half years later that bet is paying off. this industry's added over 250,000 new jobs. american auto industry is back. and companies like diamler know you're still a smart bet. they could have made their investments somewhere else but they didn't. and if you ask them whether it was a tough call, they tell you it wasn't even close. so the word's going out all around the world.